Time Warner Inc. Provides 2016 Full-Year Business Outlook
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Jefferies Maintains Buy on Time Warner (TWX) Despite 'Sloppy' Q4
February 11, 2016 8:58 AM ESTJefferies analyst John Janedis lowered his price target on Time Warner (NYSE: TWX) to $75.00 (from $85.00) following a sloppy Q4, the firm maintained a Buy rating.
commented, "After a sloppy 4Q print, TWX's call focused on plans to drive growth across its... More
Guggenheim Affirms Time Warner (TWX) at 'Buy' Amid 'Modest' Q4 Results, Outlook
February 10, 2016 9:51 AM ESTGuggenheim reaffirmed Time Warner (NYSE: TWX) at Buy with a price target of $80 following the media giant's Q4 report and outlook issued earlier Wednesday.
Analyst Michael Morris offered the following notes and commentary from Time Warner's report:
At Turner, subscription revenue was essentially flat, below our 1% growth estimate due to foreign exchange and fewer paying subscribers impacting... MoreTime Warner (TWX) Tops Q4 EPS by 5c; Approves $5B Common Stock Buyback Plan
February 10, 2016 7:03 AM EST(Updated - February 10, 2016 7:04 AM EST)
Time Warner (NYSE: TWX) reported Q4 EPS of $1.06, $0.05 better than the analyst estimate of $1.01. Revenue for the quarter came in at $7.08 billion versus the consensus estimate of $7.53 billion.
Adjusted EPS included the unfavorable impact of foreign exchange rates of $0.12 in the current year quarter. Diluted Income per Common Share from Continuing Operations... More
